£291,963
This estimated value is based upon the latest sale price for the house of £187,500 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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High Street, Ongar, CM5 9AA
Phone: 01277699428
| Price Paid | Date |
|---|---|
| £187,500 | 4 Apr 2014 |
| £173,000 | 17 May 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in April 2014 the House Price Index for ESSEX was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £187,500 results in an estimated price of approximately £291,963.
| 4 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £187,500 | £104,463 | £291,963 |
The Postcode Pricing Model uses changes in average sales price within the CM5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 67.459 % | £126,484 | £313,984 |
| 3 Month Average | 24.293 % | £45,549 | £233,049 |
| 6 Month Average | 61.575 % | £115,453 | £302,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £258,832 | £255,000 | 15 WEIGHBRIDGE COURT, 301 HIGH STREET |
| 22 Nov 2023 | £463,868 | £457,000 | 7 BOWES DRIVE |
| 29 Sep 2023 | £435,569 | £430,000 | 37 BOWES DRIVE |
| 7 Jul 2023 | £359,843 | £355,000 | 57 WEIGHBRIDGE COURT, 301 HIGH STREET |
| 21 Apr 2023 | £454,898 | £450,000 | 26 BOWES DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 3 Jul 2020. Using an estimated price of £291,964 means this house is valued at £4,491 per sq meter (£417 per sq foot).
The average size of a house on VICTORIA ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Victoria Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Station Approach |
| Mar 2024 | Anti-social behaviour | On or near Bansons Way | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bansons Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bansons Way |